Variance reports are: internal reports for management external financial reports SEC financial reports all of these

he actual cash received from cash sales was $10,680 and the amount indicated by the cash register total was $10,648. Journalize the entry to record the cash receipts and cash sales.

The difference between overhead applied to work in process and actual overhead is

On August 30, JumpStart incurred the following expenses: Payment to the landlord for August rent, $2,300 Payment to Gas & Electric Company for August bill, $525 Payment of employee wages for the last half of August, $1,750 Payment of shopping

Suppose a statistical study finds that the demand for Brand X automobile tires is Q = 800 minus- 5P, where Q is the number of Brand X tires sold per year (in thousands of tires), and P is the price per tire.

Windsor Manufacturing is considering a project with an internal rate of return of 12%, an annual rate of return of 18%, and a 5-year useful life. The cost of the project is $150,000 and it has a $6,000 salvage value.

A homemaker enters the work force, taking a job that will pay $40,000 over the year. the homemaker must pay $16,000 over the year for professional child care services. how much does gdp change?

The law of supply states that as the price of a good rises, the quantity supplied of that good disappears. decreases. remains the same. increases.

A 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over the life of the loan will be less.

Stephanie Roe utilizes the direct write-off method of accounting for uncollectible receivables. On September 15, she is notified by the attorneys for Jacob Marley that Jacob Marley is bankrupt and no cash is expected in the liquidation of Jacob

The Halpert Group produces a single product selling for $ 20 per unit. Variable costs are $ 2 per unit and total fixed costs are $ 10,000. What is the contribution margin ratio?